Skip to Content

T. Rowe Price New Income Adv PANIX

Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 7.88  /  +0.01 %
  • Total Assets 16.6 Bil
  • Adj. Expense Ratio
    0.810%
  • Expense Ratio 0.810%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.48%
  • Effective Duration 6.21 years

USD | NAV as of Mar 18, 2024 | 1-Day Return as of Mar 18, 2024, 10:18 PM GMT+0

Morningstar’s Analysis PANIX

Will PANIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Can a new comanager help get this core bond fund on track?

Senior Analyst Paul Olmsted

Paul Olmsted

Senior Analyst

Summary

T. Rowe Price New Income’s process and tools are in place for success here and the addition of a comanager in May 2023 should help, but this fund hasn’t parlayed its experienced investment teams into consistent performance.

Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PANIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 21.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.625%

4.42 748.0 Mil
Government

T. Rowe Price Gov. Reserve

3.79 641.2 Mil
Cash and Equivalents

United States Treasury Bonds 3.375%

2.31 391.1 Mil
Government

United States Treasury Notes 2.25%

2.27 384.7 Mil
Cash and Equivalents

United States Treasury Notes 0.625%

2.12 357.8 Mil
Government

United States Treasury Notes 4.625%

2.08 351.5 Mil
Government

United States Treasury Notes 1.375%

1.99 336.6 Mil
Government

United States Treasury Bonds 4%

1.76 297.3 Mil
Government

United States Treasury Notes 1.5%

1.69 286.1 Mil
Government

United States Treasury Bonds 3%

1.67 282.9 Mil
Government